IFSC Code of Canara Bank, Shivajinagar Ratnagiri, Ratnagiri, Maharashtra- CNRB0015384

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Shivajinagar Ratnagiri branch in Ratnagiri, Ratnagiri, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Ratnagiri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015384. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Shivajinagar Ratnagiri, Ratnagiri

Here are some of the key details that come with the IFSC Code CNRB0015384 of Canara Bank for its branch located in Ratnagiri, within the district of Ratnagiri in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Ratnagiri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015384 for the Shivajinagar Ratnagiri branch of Canara Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0015384 is given to every bank branch, including Canara Bank located in Shivajinagar Ratnagiri, Ratnagiri, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Canara Bank branch in Ratnagiri.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Ratnagiri and Ratnagiri.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Shivajinagar Ratnagiri doesn't end up at another location.

Format of the IFSC Code CNRB0015384

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shivajinagar Ratnagiri in Ratnagiri.

For example, the IFSC Code CNRB0015384 of Canara Bank for the Shivajinagar Ratnagiri branch includes these elements, identifying the bank and the branch location in Ratnagiri and Maharashtra accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0015384 of Canara Bank for its Shivajinagar Ratnagiri branch located in Ratnagiri, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Ratnagiri and Ratnagiri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Shivajinagar Ratnagiri or Ratnagiri to get the exact IFSC Code CNRB0015384.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Canara Bank and Ratnagiri that will provide accurate information.

How to Use IFSC Code CNRB0015384 for Online Transfers?

Once you have the IFSC Code CNRB0015384 for the Shivajinagar Ratnagiri branch of Canara Bank in Ratnagiri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0015384. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Canara Bank IFSC Code CNRB0015384.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Shivajinagar Ratnagiri in Ratnagiri, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Shivajinagar Ratnagiri, here are some ways to obtain it:

• Check the bottom of your cheque leaf.
• Refer to the first page of your passbook.
• Visit the official Canara Bank website.
• Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ratnagiri to handle online money transfers and get their cheques cleared smoothly.